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My business partner and I purchased a 3 flat in Chicago for $325k about 3.5 years ago. We are currently getting $4300 in monthly rent - Soon to be $4600. We formed an LLC immediately after purchase. We have bee...
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First Post!So i've been lurking around on the forums for awhile, and listening to the podcasts on and off for the last few month. I have a question regarding the 50% rule. I am looking to buy my first investment hom...
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My mom passed away tragically and unexpectedly in April 2017. She has a home in Riverside, CA worth approx 510k and approx 330k is still owed on the mortgage. My 2 Brothers have been living there since she passed aw...
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Hey everyone,Lately I have been researching a lot into the BRRRR strategy and hope to use this style of investing, however, paying cash for a property isn't the most likely scenario to play out in my case. I am very ...
Hi BP members.I am eager to start investing in multifamily homes as buy and holds for rental income. I did cosign on my mother's home after parents divorce while I was still a college student. However, I've never par...
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I have an offer accepted on my first deal and am using a private investor to fund it. I am having a really hard time finding out how to get a contract written up with the loan terms and everything. I called a real est...
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Hey BP Private and Hard Money Lenders
I’m curious what penalties you typically include or consider including when lending to flippers/rehabbers on shorter term loans, and what you might charge when applying the penal...
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First time poster here! I've been working through all the Bigger Pockets calculators and I need help answering one more question.
I'm looking at scooping up a mid century condo in Palm Springs, which I would then...
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Hello everyone,
I am pretty much brand new to this. I have been listening to BP podcasts for a couple months now, and it has really opened my eyes. I live in the Buffalo NY area, and want to land my first SF or small...
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Hello! We just bought an apartment building and the previous landlord was absolutely terrible. We have several tenants with roommates that are not listed on the lease. He told them the other people could live there wi...